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Cost of Living in Carroll County, KY

Population 10,954 · Census ACS 2020–2024 5-year estimates

Median rent$910
Median home value$140,900
Median household income$56,466

The median rent in Carroll County, KY is $910/month, 6% lower than the Kentucky median and 36% lower than the U.S. median. The median home value is $140,900, 58% lower than the national median. Households earn a median of $56,466 a year, 11% lower than the state median.

Affordability

Rent as a share of median income: 19.3%
Income needed for median rent (30% rule): $36,400/yr
Home price-to-income ratio: 2.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $712/mo

Run your own numbers: mortgage calculator · hourly to salary

Carroll County vs. Kentucky vs. U.S.

Carroll CountyKentuckyU.S.
Median rent$910$967$1,413
Median home value$140,900$205,600$332,700
Median household income$56,466$63,726$80,734
Homeownership rate65.7%68.3%65.2%
Bachelor's degree or higher11.4%27.6%35.7%
Poverty rate23.1%16.1%12.5%
Unemployment rate6.1%4.9%5.2%
Work from home4.8%10.2%15.1%
Median age38.539.138.9

FAQ

What is the average rent in Carroll County, KY?

The median gross rent in Carroll County, KY is $910 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Carroll County, KY?

Using the common 30% rule, renting a median-priced home takes about $36,400 a year in gross income.

Is Carroll County, KY expensive to live in?

Rent there is 36% lower than the U.S. median, and the median home costs about 2.5 times the median household income.

Other counties in Kentucky

Jefferson County, KYRent $1,149 · Income $69,866Fayette County, KYRent $1,164 · Income $69,479Kenton County, KYRent $1,069 · Income $80,548Warren County, KYRent $1,002 · Income $65,794Boone County, KYRent $1,373 · Income $99,414Hardin County, KYRent $971 · Income $67,647

Counties with a similar cost of living

Delaware County, OKRent $913 · Income $56,676Jackson County, NCRent $904 · Income $55,815Taney County, MORent $926 · Income $56,497Crittenden County, ARRent $911 · Income $55,358Fannin County, GARent $900 · Income $57,073Alamosa County, CORent $907 · Income $55,397

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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